Which sections of the Beggars Pizza Franchise Agreement are deleted in their entirety?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
ed with the following: | | | | 1.2 not relocate the | Restaurant without Franchisor may withhold approval of relocation in its sole discretion. | Approved Location. Franchisee will operate the Restaurant only at the location identified in Exhibit A (the "Approved Location"). Franchisee will Franchisor's prior written approval. |
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- Section 2.2 of the Franchise Agreement is hereby deleted in its entirety. Franchisee agrees and acknowledges that Franchisee has no right to further renew the Franchise Agreement after the term of the Franchise Agreement.
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- Section 3.1, Section 3.3, and Section 3.4 of the Franchise Agreement are hereby deleted in their entirety.
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- Section 4.1 of the Franchise Agreement is hereby deleted in its entirety and replaced with the following:
- 4.1 Renewal Fee. In consideration of the renewal franchise rights granted herein, Franchisee will pay a renewal fee to Franchisor of ($ ) upon execution of the Agreement. The entire renewal franchise fee is fully earned and non-refundable in consideration of administrative and other expenses incurred by Franchisor in granting this renewal franchise and for Franchisor's lost or deferred opportunity to enter into a Beggars Pizza Franchise, LLC Franchise Agreement with other parties.
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- Section 5.1 and Section 5.3 of the Franchise Agreement are hereby deleted in their entirety.
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Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza Franchise Disclosure Document, several sections of the Franchise Agreement are deleted in their entirety via addendum. Specifically, Section 2.2, which likely pertains to renewal terms, is removed, indicating that franchisees have no right to further renew the Franchise Agreement after its initial term. Sections 3.1, 3.3, and 3.4 are also entirely deleted, though the FDD does not specify what these sections cover.
Additionally, Section 5.1 and Section 5.3 are deleted completely. Section 7.8 and Section 12.1 are also deleted in their entirety. Furthermore, Section 15.2.1 and Exhibit B of the Franchise Agreement are also deleted completely. It is important to note that the section numbering in the Franchise Agreement will remain the same and not be adjusted based on the deletion of any sections as set forth in the addendum.
Prospective franchisees should carefully review the full Franchise Agreement and Addendum with legal counsel to understand the implications of these deletions and how they might affect their rights and obligations. Understanding what these sections originally covered is crucial for making an informed investment decision.